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Today’s Cyber Risk Management

Cisco

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. In between these events, a different crisis began in the US sub-prime lending market. Cyber risk is the largest and fastest growing operational risk within financial services.

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How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

Measuring Interest Rate Risk Can Vary by Institution Interest rate risk measurement plays a key role in ensuring an institution's safety and soundness. Would you like other articles on asset/liability management in your inbox? FDIC) noted in its 2021 Risk Review.

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Important Considerations When Growing the CRE Portfolio

Abrigo

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution. This reflects a larger industry trend.

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How to stress test your ag portfolio

Abrigo

The report, from the Federal Reserve Bank of Kansas City , stated that demand could remain high since futures markets for fall crops show prices are likely to remain low because of the potential for another record harvest. Without diversification, risks will be expounded. Agriculture commodity prices 2. Production costs 3.

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Helping SMBs Crack Digital ID Verification

PYMNTS

To take a phrase from the journalist’s handbook: Trust, but verify. This gives you a start [toward] managing your digital footprint and what you’ve consented to,” McGibbon explained. There is a big use case there,” he said of ID verification, “but a lot of the market is not optimized for it.”. To be exact, verify digitally.

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Key components of credit risk rating systems

Abrigo

In 2001, the OCC published the Comptroller’s Handbook on Rating Credit Risk , which highlighted the expectations of credit risk rating systems: 1. The system should be integrated into the bank’s overall portfolio risk management. The board of directors should approve the credit risk rating system.

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Dear Financial Institution: Why do these 10 things scare you?

Social Assurance

Marketing doesn’t have time, compliance doesn’t have time, who has time to manage this? Which of those marketing functions are we going to take time from? The answer is that all marketing material can work together. How can I only address my market, the Internet is big? Data doesn’t lie.